Physical capital is
A) the tools, instruments, machines, buildings, and other items that have been produced in the past and that are used today to produce goods and services.
B) the sum of investment and government expenditure on goods.
C) greater than financial wealth.
D) net investment.
E) gross investment.
Correct Answer:
Verified
Q2: Net investment equals
A)gross investment minus depreciation.
B)wealth minus
Q3: In January 2017, Tim's Gyms, Inc.owned machines
Q4: At the beginning of the year, Tom's
Q5: The change in the value of capital
Q6: The funds used to buy physical capital
Q7: If the economy's capital increases over time,
A)gross
Q8: At the beginning of the year, Tom's
Q9: In January 2017, Tim's Gyms, Inc.owned machines
Q10: The total amount spent on new capital
Q11: In 2017, Tim's Gyms finances the building
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